STEAKAMANGER: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
STEAKAMANGER
Largest movements
- Tangible fixed assets -€339,597
down €339,597 (-36.7%), from €925,420 to €585,822
of which Land and buildings: -€452,172
- Receivables within one year +€77,070
up €77,070 (+16.5%), from €467,292 to €544,361
of which Trade receivables: +€115,910
- Cash +€67,226
up €67,226 (+23.1%), from €290,562 to €357,788
mainly Other debts (+€573,398) and Net result for the year (+€558,727)
- Stocks and contracts +€61,776
up €61,776 (+134%), from €46,133 to €107,909
- Current investments +€30,000
up €30,000 (+92.3%), from €32,500 to €62,500
- Profit (loss) carried forward -€641,273
down €641,273 (-85.7%), from €747,975 to €106,702
- Other debts +€573,398
up €573,398 (+1,997%), from €28,714 to €602,112
- Debts after one year -€97,433
down €97,433 (-52.4%), from €185,773 to €88,340
- Accrued charges and deferred income +€85,074
up €85,074 (+2,515%), from €3,383 to €88,457
- Trade debts -€27,506
down €27,506 (-7.3%), from €374,354 to €346,847
- Gross operating margin +€172,154
up €172,154 (+20.7%), from €831,273 to €1.0m
- Taxes +€35,144
up €35,144 (+27.0%), from €130,282 to €165,425
- Financial charges +€24,178
up €24,178 (+346%), from €6,995 to €31,173
- Write-downs -€23,287
no longer reported in 2025 (was €23,287)
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,806,785 | €1,691,183 | -€115,602 | -6.4% |
| Fixed assets | 21/28 | €927,119 | €587,009 | -€340,109 | -36.7% |
| Intangible fixed assets | 21 | €1,699 | €1,187 | -€512 | -30.1% |
| Tangible fixed assets | 22/27 | €925,420 | €585,822 | -€339,597 | -36.7% |
| Land and buildings | 22 | €452,172 | - | -€452,172 | |
| Plant, machinery and equipment | 23 | €49,395 | €80,289 | +€30,894 | +62.5% |
| Furniture and vehicles | 24 | €112,700 | €149,243 | +€36,543 | +32.4% |
| Other tangible fixed assets | 26 | €311,153 | €356,290 | +€45,137 | +14.5% |
| Current assets | 29/58 | €879,666 | €1,104,174 | +€224,508 | +25.5% |
| Stocks and contracts in progress | 3 | €46,133 | €107,909 | +€61,776 | +134% |
| Stocks | 30/36 | €46,133 | €107,909 | +€61,776 | +134% |
| Amounts receivable within one year | 40/41 | €467,292 | €544,361 | +€77,070 | +16.5% |
| Trade receivables | 40 | €349,737 | €465,647 | +€115,910 | +33.1% |
| Other amounts receivable | 41 | €117,554 | €78,714 | -€38,840 | -33.0% |
| Current investments | 50/53 | €32,500 | €62,500 | +€30,000 | +92.3% |
| Cash at bank and in hand | 54/58 | €290,562 | €357,788 | +€67,226 | +23.1% |
| Deferred charges and accrued income | 490/1 | €43,180 | €31,615 | -€11,564 | -26.8% |
| Total equity and liabilities | 10/49 | €1,806,785 | €1,691,183 | -€115,602 | -6.4% |
| Equity | 10/15 | €1,146,723 | €505,450 | -€641,273 | -55.9% |
| Contributions | 10/11 | €198,600 | €198,600 | = | 0.0% |
| Reserves | 13 | €200,149 | €200,149 | = | 0.0% |
| Tax-exempt reserves | 132 | €187,150 | €187,150 | = | 0.0% |
| Distributable reserves | 133 | €12,999 | €12,999 | = | 0.0% |
| Profit (loss) carried forward | 14 | €747,975 | €106,702 | -€641,273 | -85.7% |
| Amounts payable | 17/49 | €660,061 | €1,185,732 | +€525,671 | +79.6% |
| Amounts payable after more than one year | 17 | €185,773 | €88,340 | -€97,433 | -52.4% |
| Financial debts | 170/4 | €185,773 | €88,340 | -€97,433 | -52.4% |
| Amounts payable within one year | 42/48 | €470,905 | €1,008,935 | +€538,030 | +114% |
| Current portion of amounts payable after more than one year | 42 | €38,117 | €29,065 | -€9,051 | -23.7% |
| Trade debts | 44 | €374,354 | €346,847 | -€27,506 | -7.3% |
| Suppliers | 440/4 | €374,354 | €346,847 | -€27,506 | -7.3% |
| Advances received on contracts in progress | 46 | €106 | €106 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €29,615 | €30,805 | +€1,190 | +4.0% |
| Taxes | 450/3 | €11,055 | €15,436 | +€4,381 | +39.6% |
| Remuneration and social security | 454/9 | €18,560 | €15,369 | -€3,191 | -17.2% |
| Other amounts payable | 47/48 | €28,714 | €602,112 | +€573,398 | +1,997% |
| Accrued charges and deferred income | 492/3 | €3,383 | €88,457 | +€85,074 | +2,515% |
| Non-recurring operating income | 76A | - | €132,280 | +€132,280 | |
| Remuneration, social security and pensions | 62 | €167,157 | €159,760 | -€7,398 | -4.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €70,650 | €64,084 | -€6,566 | -9.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €23,287 | - | -€23,287 | |
| Other operating charges | 640/8 | €17,762 | €11,986 | -€5,776 | -32.5% |
| Non-recurring operating charges | 66A | - | €26,210 | +€26,210 | |
| Gross operating margin | 9900 | €831,273 | €1,003,427 | +€172,154 | +20.7% |
| Operating profit (loss) | 9901 | €552,417 | €741,388 | +€188,971 | +34.2% |
| Financial income | 75/76B | €12,587 | €13,937 | +€1,350 | +10.7% |
| Recurring financial income | 75 | €12,587 | €13,937 | +€1,350 | +10.7% |
| Financial charges | 65/66B | €6,995 | €31,173 | +€24,178 | +346% |
| Recurring financial charges | 65 | €6,995 | €31,173 | +€24,178 | +346% |
| Profit (loss) for the period before taxes | 9903 | €558,009 | €724,152 | +€166,143 | +29.8% |
| Income taxes | 67/77 | €130,282 | €165,425 | +€35,144 | +27.0% |
| Profit (loss) for the period | 9904 | €427,727 | €558,727 | +€131,000 | +30.6% |
| Transfer to tax-exempt reserves | 689 | €84,200 | - | -€84,200 | |
| Profit (loss) for the period to be appropriated | 9905 | €343,527 | €558,727 | +€215,200 | +62.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.